1、 Price trend

According to the price monitoring of the business community, on August 30, the average price of salicylic acid (industrial grade) mainstream manufacturers was 14666.67 yuan / ton, flat compared with the beginning of the week and the beginning of the month, with a price increase of 2.33% compared with the same period last year.

2、 Market analysis

In August, the salicylic acid market was generally stable, and some enterprises fell first and then rose within the month, but the price fluctuation was small, which was adjusted in the range of about 100-300 yuan / ton. At the beginning of the month, the market was relatively stable, and enterprises may sell goods at a small profit. Since the middle of the month, the price of raw material phenol has increased. In addition, some salicylic acid enterprises have stopped for maintenance, the supply in the yard has decreased, and some salicylic acid enterprises have increased slightly, mainly through actual transaction negotiation. By the end of the month, the quotation of industrial enterprises of salicylic acid was mostly in the range of 12000-15500 yuan / ton, the quotation of pharmaceutical level was mostly in the range of 23000-26000 yuan / ton, and the quotation of sublimation level was mostly in the range of 17200-20000 yuan / ton. There was basically no major adjustment of salicylic acid at all levels.

In terms of raw materials, following the rise in the negotiation focus of the domestic phenol market last week, the market callback was narrow this week. As of the weekend, the market reference in East China was 9050-9100 yuan / ton, and the negotiation reference in the surrounding areas of Shandong and Yanshan was 9100-9150 yuan / ton. The participation of intermediate traders weakened. Near the end of the week, the supply expectation decreased in September. Under the influence of the news, the negotiation focus was slightly callback.

3、 Future forecast

According to the salicylic acid analysts of business agency, the salicylic acid market fluctuated little in August, with cost support and good supply. The price trend of salicylic acid is relatively strong, and some enterprises rose slightly. It is expected that the salicylic acid market will continue to advance steadily in the short term.